Value chain actors

Roland Meyer

Chapter 184 in Elgar Encyclopedia of Life Cycle Sustainability Assessment, 2026, pp 695-697 from Edward Elgar Publishing

Abstract: This entry explores the concept of “value chain actors” within the context of a product's life cycle, from creation to disposal. By examining each phase—from raw material extraction to end-of-life management—through Life Cycle Assessment (LCA), we gain insights into the environmental, social, and economic impacts of production systems. LCAs, when detailed, can account for transformation processes, including machine efficiency, maintenance, and labor. Extending the traditional supply chain perspective to a value chain approach incorporates broader considerations such as financial, social, and environmental values. This approach highlights the diverse roles of stakeholders—manufacturers, suppliers, workers, consumers, and more—each contributing to and affected by the value created throughout the life cycle. Understanding these roles is crucial for optimizing value creation, managing risks, and promoting sustainability. The paper argues that recognizing and engaging with value chain actors is essential for informed decision-making and sustainable business practices.

Keywords: Value Chain Actor; Value created; Stakeholder (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035309887
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